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2021 Newly Built Fourplex Opportunity

5542 Romaine St Los Angeles, CA 90038

5542 Romaine St, Los Angeles, CA, 90038
Contact for pricing
For Sale
Contact for pricing
Pending

Newly constructed 2021 fourplex with en-suite bedrooms and nearly 8,500 SF total living space.

Days on Market103

Property Features for 5542 Romaine St

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency Keller Williams Larchmont
Listed by Vinnie Park · License #CA 02015848
Source Crexi
Added: Apr 11 Updated: Jul 21 at 4:50AM Checked: Jul 21 at 4:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Larchmont


Investment Insights

Based on property information with market context.

5542 Romaine St presents a 2021 newly constructed fourplex offering nearly 8,500 square feet of total living space, approximately 2,000 square feet per unit. Each unit is designed with an en-suite in every bedroom, supporting privacy while delivering a more spacious, residential feel.

The property is described as being located in an Opportunity Zone within Hollywood, positioned above Hancock Park and Larchmont Village. The public remarks also note close proximity to major entertainment employers and studios, including Netflix and the Paramount studio, along with nearby grocers, restaurants, shopping, and cafes on Melrose.

For buyers considering a 1031 exchange, the remarks indicate the asset is being marketed with a projected 5.71% cap rate tied to its Opportunity Zone location, along with associated tax benefits.

Key Highlights

  • Newly constructed 2021 fourplex with nearly 8,500 SF total living space
  • Approx. 2,000 SF per unit in a fourplex layout
  • En‑suite bedrooms in each unit for added privacy

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Clothing & Fashion Store (Bike/Boat/Book/etc) Store Fish Market Nursing Home Adult Day Care (Bike/Boat/Book/etc) Store Garden Center Clothing & Fashion Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Newly constructed 2021 fourplex with en-suite bedrooms and nearly 8,500 SF total living space.
Where is this quadplex located?
The property is located at 5542 Romaine St Los Angeles, CA.
What are key features of this property?
This property features: Newly constructed 2021 fourplex with nearly 8,500 SF total living space; Approx. 2,000 SF per unit in a fourplex layout; En‑suite bedrooms in each unit for added privacy
Contact an agent
(323) 762-2600 Call to check price and availability
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